January 22, 2008 / 9:57 AM / 11 years ago

Stock market fall not comparable to 2001, 1987

PARIS (Reuters) - The equity sell-off of recent days is not comparable to the market collapses of 2001 and 1987, a top official at the NYSE-Euronext exchange operator said on Tuesday.

“It is fundamentally a credit crisis and the share markets are reacting to its consequences. It is not a stock market crisis such as we saw in 2001 and 1987,” deputy CEO Jean-Francois Theodore said at the launch of a new product.

Reporting by Wiliam Emmanuel

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below